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Mudit Rawat and Sheena Rangroo endured five bidding wars before they finally “won” a semi-detached house close to Casa Loma in mid-town Toronto in June 2020.
Inovia, Shopify back delivery startup Swyft in $22 million Series A round Swyft, a Toronto-based digital logistics startup, has raised $22 million CAD ($17.5 million USD) in Series A funding in a round co-led by Inovia Capital and with participation from Shopify. With just one year in-market after launching its offering, Swyft has seen positive momentum in its hometown and is now looking to replicate its same-day delivery model across Canada and into the United States. “Where Swyft plays and wins is in that middle between next day and on-demand, and that’s where the larges...